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M&T Bank Corp Acquires 236,787 Shares of Generac Holdings Inc. $GNRC
M&T Bank Corp significantly increased its stake in Generac Holdings Inc. by 7,427.4%, acquiring an additional 236,787 shares to total 239,975 shares, valued at approximately $32.7 million. This substantial investment comes despite Generac missing Q4 earnings and revenue estimates and facing a stock sale by its CFO. The company currently holds a “Moderate Buy” analyst rating.